PYMNTS

JUNE 6, 2019

When it comes to small business (SMB) lending, the top two contenders for business owners are banks and alternative financiers or online marketplaces. The SBA and NCUA collaboration is a three-year agreement that aims to build upon that momentum, and heighten CUs’ share of the SMB lending market. Credit Unions In Growth Mode.

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Lending Analytics Data Security 129

PYMNTS

JULY 7, 2020

This week’s look at the latest bank-FinTech tie-ups shows Banking-as-a-Service and other FinTech players embracing smaller regional and community banks to elevate small- to medium-sized business (SMBs) and corporate banking offerings. Build, buy or partner? Finastra Chosen by Community FI. payment schemes. Faster Payments scheme.

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Community Bank Community Fintech Regional 242

PYMNTS

AUGUST 21, 2020

Robinhood’s $200 million fundraise this week may be the talk of the FinTech town, but B2B FinTechs saw their fair share of fresh investments, too. six FinTechs were able to secure a share of the next round of RBS grant money , with the winners including small business banking and biometrics company Onfido.

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Fintech Austin Capital Fraud 154

PYMNTS

AUGUST 16, 2019

With more than $200 million in venture capital funding landing with B2B FinTechs this week, investors had their eyes set on a variety of pain points in corporate finance. Small business finserv was a popular target this week, with startups securing funding for their SMB banking, lending and accounting tools. Lendingkart.

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Fintech Analytics Capital Lending 179

PYMNTS

FEBRUARY 23, 2020

In a submission to a senate inquiry into financial and regulatory technology, PayPal and other fintech companies recognized alternative business finance as a key strategy moving forward, according to the Sydney Morning Herald on Friday (Feb.

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Lending Fintech National Strategy 226

PYMNTS

APRIL 26, 2019

It was a slow week for B2B FinTech funding rounds, but investors nevertheless provided an impressive sum to industry startups. In total, more than $107 million was raised, with investors targeting the small business (SMB) back office, lending and B2B payments. Interestingly, U.S.

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Fintech US Lending Capital 176

PYMNTS

SEPTEMBER 25, 2018

When it comes to FinTech firms and lending, might it be that what we don’t know could hurt us? Viewed from high levels, the activity itself (lending, that is), has taken off in some of the countries one might expect, marked by relatively higher incomes, and where financial regulation might be relatively less stringent.

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Fintech Lending United States Regulation 172

PYMNTS

JULY 31, 2019

As watchdogs ramp up oversight of financial institutions and FinTechs, late last year the China Banking and Insurance Regulatory Commission also announced plans to relax restrictions on foreign ownership of banks operating in the country. China’s banking regulation is in-flux.

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Lending Policies National Guidelines 134

PYMNTS

OCTOBER 4, 2019

As Mark Rockefeller, co-founder and chief executive officer of small business lending-as-a-service provider StreetShares , told PYMNTS in a recent interview, that pressure to digitize expands to credit unions and community banks in their SMB lending offerings, too, and do it profitably. “This is an extraordinary thing. .”

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Lending Community Bank US Community 152

PYMNTS

AUGUST 12, 2019

One area of impact is small business finance and lending, with small businesses and lenders seeing a slowdown in demand. Small business lending platform Funding Circle commented on this effect in its latest earnings data, noting that there has been “some deterioration” in its higher-risk small business loan bands in the U.K.

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Lending US Capital Data 144

PYMNTS

FEBRUARY 28, 2020

With more than $1 billion raised — and more to come — this week became the most lucrative for B2B FinTech venture capital funding. B2B eCommerce startup Sokowatch scored a win for Kenya’s B2B FinTech community after raising $14 million in Series A funding, reports in TechCrunch said. Digital Risks.

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Fintech Capital Lending Report 175

American Banker

JANUARY 24, 2024

The criminal hacking gang LockBit said it was behind a ransomware attack that shut down some of the operations of EquiLend, a financial technology firm that processes trillions of dollars of securities-lending transactions every month.

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Lending Financial Technology Security Operations 36

PYMNTS

AUGUST 28, 2019

In China, the central bank has said that it will offer up a three-year development plan for the domestic FinTech sector. The reports state that the FinTech firms in that country “should take the approach of [Chinese president] Xi Jinping’s socialism with Chinese characteristics in the new era as the guide.”

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Fintech Analysis Guidelines Data 172

PYMNTS

APRIL 1, 2020

The B2B FinTech ecosystem seems to agree. Although connecting SMBs to capital is essential, it’s not the only challenge that B2B FinTechs are tackling with their newest offerings. Delivery management platform Bringg launched a new solution for SMBs to launch their own delivery operations and manage logistics. In the U.K.,

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Fintech Capital Lending Technology 168

PYMNTS

JULY 7, 2020

The small- to medium-sized business (SMB) lending industry is used to adaptation, especially since the 2008 financial crisis, when legacy financial institutions (FIs) began pulling back and FinTechs and digital players stepped up in the space. Outdated Lending Practices Fail To Meet SMBs’ Current Needs .

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Lending Study Industry Tools 138

PYMNTS

FEBRUARY 14, 2018

An alternative lending conglomerate based in the U.K. just secured more than $97 million through an initial public offering. The firm is the holding company for an array of FinTech companies operating in supply chain finance, invoice finance and the dynamic discounting market.

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Lending Capital Groups Financial Technology 122

PYMNTS

NOVEMBER 2, 2018

As legal cannabis spreads, the industry is a big opportunity for FinTech, as industry players struggle to manage intense compliance requirements and limited access to traditional financial services. Mission Secure. Shape Security. reports said.

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Fintech Capital Security Fraud 188

PYMNTS

DECEMBER 23, 2020

But it also has to be something that parents see as trustworthy, secure, stable and likely to promote financial literacy. The parent is very much more interested in security and financial literacy and building credit and all of these things that I don't think most teens are thinking about. We don't take that lightly.

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Fintech Cards FDIC Lending 322

PYMNTS

OCTOBER 8, 2019

In terms of the total amount invested to date in FinTechs, as tracked by PYMNTS via the India FinTech Tracker, the year to date tally stands at just under $3.7 The company offers and operates an app that allows users to track daily spend. The FinTech had already raised $47 million in equity financing.

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Fintech Capital United States Groups 144

PYMNTS

AUGUST 4, 2017

Alternative lending was the golden child among investors around 2015, but lately, the industry seems to have fallen out of favor thanks to regulatory uncertainty and questions over the viability of some business models. sent a letter to five alternative small business lenders operating in the country, inquiring about their business practices.

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Lending Capital Fintech Data 109

PYMNTS

DECEMBER 6, 2019

This week saw B2B FinTechs targeting a range of pain points for business customers around the world, as investors put nearly $462 million in combined funding into the space. Further, Leaf Trade plans to invest in its engineering and data science operation, the company noted. From Singapore to the U.K., From Singapore to the U.K.,

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Fintech Capital Lending Chicago 133

Bank Innovation

APRIL 27, 2018

Singapore is taking another step towards cementing itself as the top fintech hub in the world. Today the Intellectual Property Office of Singapore (IPOS) said it would speed up the patent granting process for fintechs in the country.

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Fintech Study Operations Online 337

PYMNTS

DECEMBER 17, 2020

a South Korean digital bank, has chosen Credit Suisse and KB Investment & Securities as its advisors for its upcoming initial public offering (IPO), Reuters reported. Kakao Bank is one of only two digital banks in the country and became profitable in 2019, according to Reuters, after less than two years of operation.

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Samsung Digital Banking Security Fintech 243

PYMNTS

JULY 3, 2020

million in VC funding for the sector, B2B FinTechs may be showing signs of a mid-year lull. PYMNTS breaks down the companies that did manage to secure funding, below. Human resources startup Worky secured $3 million in new funding led by QED Investors and with participation from LEAP Global Partners, according to reports in Contxto.

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Capital Fintech Security Operations 161

PYMNTS

AUGUST 9, 2019

FinTech investments targeting B2B and corporate services spanned the globe, with particular concentration this past week in SMB lending across India and Europe. The Series C round was led by CDC Group, which in turn operates as a UK government owned VC fund. FinTech startup ePayRails said it has garnered $2.5 ScaleFactor.

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Lending Capital Fintech Florida 116

Insights on Business

DECEMBER 27, 2017

As we wrap up an unpredictable and sometimes tumultuous year in both the fintech industry and the world, we’re looking back at the last 12 months of IBM FinTech blogs to pick out some of the more popular and insightful posts of 2017. Highlighted in the blog are the prominent benefits of blockchain technology, trust and security.

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Fintech blockchain Fraud United States 129

Gonzobanker

MAY 31, 2019

Financial institutions that want to play in the small business lending sandbox need to bring their digital toys. But how can community banks successfully compete with big banks and fintechs that are spending billions on their digital lending capabilities? In a recent American Banker. In a recent American Banker.

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Lending Community Bank Community Data 136

PYMNTS

OCTOBER 22, 2018

Tala, the consumer lending app in emerging markets, announced Monday (Oct. At PayPal, we believe that everyone should have access to transparent, convenient and secure financial services,” said Mark Britto, senior vice president and general manager of global credit for PayPal , in the press release announcing the investment.

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Lending Company Marketing Regional 193

PYMNTS

APRIL 16, 2020

Accelerated data sharing has become a focal point for small business lenders and FinTechs looking to speed up the time it takes for SMBs to apply for and receive much-needed funding. This week’s look at the latest in bank-FinTech collaborations and open banking initiatives finds a focus on small business lending: In the U.K.,

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Data Lending Regional Fintech 167

PYMNTS

OCTOBER 2, 2018

Avant is best known among its financial services peers as a FinTech firm, founded to throw automation and an artificial intelligence (AI)-enhanced underwriting process at the problem of creating accessible, affordable personal loans for consumers. This is the bank’s product backed up by our brand.

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Lending Alabama Online System 134

PYMNTS

FEBRUARY 10, 2017

B2B payments, alternative SME finance, enterprise cybersecurity, data management and logistics all secured a financial boost — find out which startup scored the most in our breakdown below. Alternative Lending. Securing more than $2.5 Capital Float will use the funding to lend to its existing and new SME clients.

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Fintech Capital Lending Data 100

PYMNTS

MARCH 2, 2018

and India drove a surge in FinTech venture capital funding in 2017, and Accenture Financial Services Senior Managing Director Julian Skan pointed to the B2B business model as a significant presence in this trend. Total venture capital across the global FinTech market between 2010 and 2017 hit a combined $97.7 Alternative Lending.

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Fintech Capital blockchain Lending 118

PYMNTS

OCTOBER 22, 2019

New Jersey-based financial institution Investors Bank has announced a collaboration with online small business lending firm OnDeck to digitize its own small to medium-sized business (SMB) lending operations. The companies announced their collaboration in a press release Monday (Oct.

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Lending New Jersey Online Customer Experience 101

PYMNTS

APRIL 7, 2020

While some firms are adjusting the assembly lines of their manufacturing warehouses to produce much needed personal protective equipment, FinTechs have found themselves in a different position to provide valuable assistance. Easing The PPP Loan Burden. Prioritizing B2B Payments Digitization.

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Fintech Technology Operations Company 166

PYMNTS

FEBRUARY 24, 2017

B2B FinTech startups came close to hitting the $100 million investment mark this week, with funding rounds in the U.S., The most lucrative players are operating in the SME finance space, with a small business banking startup landing more than a quarter of the funding. Alt-Lending. India, Australia, Germany, Sweden and the U.K.

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Fintech Capital Lending blockchain 109

PYMNTS

OCTOBER 29, 2020

With more and more FinTechs introducing their own banking services, the competition is heating up. Small business lending platform BlueVine is the latest FinTech to take this path, having taken the wraps off of its banking solution this week with the launch of BlueVine Business Banking. Plus, the U.S.

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Bank Innovation

APRIL 17, 2017

Somehow — despite the increased popularity of fintechs — this seems more likely (or […]. Imagine waking up to an email from your bank saying that all your accounts will be shut down in a month, through no fault of your own. Seems unlikely, doesn’t it? How about getting that same email from a digital-only startup bank?

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Fintech Operations Online Security 330